St Francis Group, the developer behind the speculative development of 270,000 sq ft of business space at Cransley Park in Kettering recently held a launch on-site to officially market the start of construction.
The prime new business park development on a 22 acre gateway site at Junction 8 of the A14 will deliver a range of industrial/warehouse units from 25,000 to 100,000 sq ft. Construction is expected to take nine months, with a completion scheduled for early 2019.
The units are being offered for both lease and purchase and have been designed to a high specification to achieve the BREEAM Very Good and EPC ‘A’ rating. They will each feature 50K/n floor loading, 50M service yards, 8-10m eaves height, dock levellers, level access doors, car/HGV parking and first office accommodation.
Appointed letting/sale agents are Prop-Search and LSH.
Speaking at the event, St Francis Development Director, Gareth Williams said: “This morning formally marks the start of construction at Cransley Park and is an important milestone in the development of this prime development site which will deliver much needed new accommodation into the Kettering/Northampton market. Cransley Park is a prime location for business and we’ve designed a range of flexibly sized, high quality units from 25,000 up to 100,000 sq ft to cater for a range of different occupier requirements all set within an attractive, landscaped environment.”
Richard Baker, a Director of joint agent Prop-Search also commented: “The development at Cransley Park has been a long time in the making and serves as a key development in the Kettering/A14 corridor in which there is presently a chronic shortage of Grade A logistics and commercial property space. We are already fielding a significant number of enquiries in the development and confident of attracting occupiers shortly.”
Earlier this year St Francis Group, the leading UK-based property development and investment group, announced a new venture partnership Richardson family - a third generation family business with a variety of real estate portfolios and business investments - that paved the way for the delivery of the scheme.
Further information can be obtained from Prop-Search - 01604 492000 or LSH - 01604 664633.